Mukuru announces transformative, instant UK to SA, SA to UK and SA to EU transfers

Experience the magic of Winter at Steenberg, with Bistro Sixteen82’s Red…New Web Hosting Pioneer Emerges, Offering Affordable Hosting Solutions Coupled with…CAPE TOWN – Leading next-generation financial services platform Mukuru has announced a transformative instant transfer product that moves money between South Africa and the UK in both directions, and from South Africa to any European Union country, instantaneously.

Mukuru CEO, Andy Jury, says the business set out to build a truly instantaneous solution. “The key point of differentiation is that it genuinely is almost immediate. There’s no money lingering in the complicated payment ecosystem for 48 or 72 hours. Excluding the competitive fees, you could send money to a UK bank account and then back to South Africa in less than a minute,” he says.

“Our existing customers already use WhatsApp and so being able to transfer money internationally using WhatsApp is an important characteristic of the solution. In addition to this, using the Mukuru App for these transfers offers mobile and on-the-move users a host of benefits, such as ease of use, as well as virtual verifications within the App.

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